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general reserve is not to b shown

Home » general reserve is not to b shown
Posted inAccountancy Change in Profit Sharing Ratio Class 12

Bootstrap and Davy Jones are partners sharing profits

21 :-  Bootstrap and Davy Jones partners sharing profits in the ratio of 2 : 1. On 31st March, 2025, their Balance Sheet showed General Reserve of Rs 60,000. It was…
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